Premier Automotive Management 401(k) match, vesting and fees
What Premier Automotive Management's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Forvis Mazars, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 479 defined-contribution plans in retail trade with 1,000 to 4,999 participants.
| Premier Automotive Management: employer contribution per participant | $463 | |
| Peer median | $1,023 |
| Premier Automotive Management: average balance | $20,017 | |
| Peer median | $43,395 |
| Premier Automotive Management: admin expenses ÷ assets | 0.25% | |
| Peer median | 0.23% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $30.8M at the end of plan year 2023 to $37M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 2,098 | $37M | $857K | $463 | 0.25% | Not published | Form 5500 ↗ |
| 2023 | 2,033 | $30.8M | $1.2M | $674 | 0.24% | Not published | Form 5500 ↗ |
Common questions
Does Premier Automotive Management match 401(k) contributions?
The match terms for the Premier Automotive Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $857K in employer contributions, about $463 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Premier Automotive Management 401(k) match vested?
The vesting schedule for the Premier Automotive Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Premier Automotive Management 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Premier Automotive Management, LLC.
I left Premier Automotive Management. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Premier Automotive Management, LLC, (858) 746-3004) or the recordkeeper, Principal Life Insurance Company. The Premier Automotive Management old 401(k) page lists the contacts from every plan filing. Find an old Premier Automotive Management 401(k)
Data from the public Form 5500 annual reports Premier Automotive Management filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Premier Automotive Management. Not financial advice. Report a correction · Methodology